According to Niche, Denton is one of the best places to live in Texas. The city gets high marks all around. From excellent public schools to low commute times and fantastic nightlife, living in Denton, TX, is a dream for many. If you’re moving here, though, you may have a more important question; what’s the cost of living in Denton, TX?
Knowing the cost of living can be remarkably helpful when you’re moving to a new city. It can help you create a budget and, more importantly, stick to that budget. Knowing what a typical home costs or the average cost for utilities can also help you with house hunting. In short, knowing the numbers ahead of time is a great idea.
To help, we’ve got those numbers for Denton compared to the national U.S. average below. To use the info, remember that the U.S. average is 100. So, for example, a cost score of 80/100 means that cost is 20% lower than the U.S. average. A score of 120/100 means that it’s 20% higher. Got it? Great! Read on!
The Overall Cost of Living in Denton, TX
3% Lower Than The National Average
While Denton, TX, won’t win any awards for being the cheapest city in the U.S., it’s still below average. Compared to, for example, Dallas or Houston, TX, it’s much more affordable. Only one of the cost indexes in Denton is above average, and only slightly so. The rest, thankfully, are all below the average. In short, you won’t save much money, but you won’t spend more than many other American cities, either.
Housing Costs in Denton, TX
1% Higher Than The National Average
We mentioned earlier that only one cost in Denton was above the U.S. national average, and it’s housing costs. However, at 101/100, it’s only a teeny, tiny bit higher. The median home cost is the same. It’s $297,700 compared to the U.S. average of $291,700. That’s less than $10,000, a relatively small sum when you’re talking about a new home.
Renting a home is also just above average, $1082 compared to $1062, a measly $20 difference. By the way, many locals rent Denton, TX storage units to store their stuff. It’s the perfect way to store your things and free up space at home or the office. In fact, many people rent a storage unit in Denton when they arrive. That way, they can take their time looking for a new home instead of rushing.
Healthcare Costs in Denton are Right on Par With The National Average
Those with young families or health concerns will be glad to know that Denton has perfectly average healthcare costs. The city also has a highly-rated healthcare system with several excellent hospitals and highly rated local doctors.
Cost of Groceries in Denton, TX
1% Lower Than The National Average
Purchasing your bread, milk, eggs, and cheese (as well as those delicious cookies your love) is slightly cheaper in Denton. And, with a score of 99/100, we do mean slightly cheaper. As with all of the other costs here, we’re hovering right near the national average. However, one saving grace is that many crops are grown in Denton. That means you can get them from your local farmer’s market at nearly wholesale prices. (Buy local!) Some of the vegetables grown nearby include:
- Kale.
- Lettuce.
- Sugar Snap Peas.
- Spinach.
- Broccoli and Cauliflower.
- Cabbage.
- Herbs: Cilantro, Dill, and Parsley.
- Garlic.
Cost of Utilities in Denton, TX
1% Lower Than The National Average
As with groceries, utilities in Denton, TX, are slightly cheaper than the national average. Natural gas, electricity, water, and garbage won’t set you back as much as in Austin or San Antonio. One good thing about Denton, Texas, is that you won’t need to heat your home very often. That could save you quite a bit on your natural gas or electric bills. However, you’ll definitely be using the air conditioning. (Like, a lot.)
Miscellaneous Cost of Living Expenses in Denton, TX
5% Lower Than The National Average
Getting your nails done or a haircut is 5% less in Denton than in other cities of the same size. You’ll save 5% on other things too, like cigarettes, alcohol and new clothes. Sure, it’s only 5% but every little bit helps. Over a year, the extra 5% savings could add up to a few hundred dollars! Renting a storage unit in Denton, TX, is also 5% cheaper, which is good news if you’re moving here.
Transportation Costs in Denton, TX
11% Lower Than The National Average
Our last cost index today, transportation, is a relative bargain in Denton. Being able to save 11% on gasoline, car insurance, repairs, and public transportation is fantastic. Many folks would love to save 10% on anything, but especially on a cost that, for most, is relatively high. The average one-way commute in Denton is just under 24 minutes, also. That’s about three minutes shy of the national average, which means you’ll save even more money on gasoline.
Affordable Cost of Living in Denton, TX
The low cost of living in Denton, TX makes it an affordable and great place to live. Transportation costs here are excellent, and there’s only one cost above the national average; housing. However, even housing is only slightly above average as we’ve seen. If you’re curious about the cost of living in other cities, check out San Antonio, TX, Miami, FL, and Wichita, KS.
Here at iStorage, we love the lifestyle in Denton. We offer clean, affordable storage units in Denton for all your storage needs. With 24/7 video security and on-site managers, all your valuables will be safe and secure with us. That includes everything from household goods to collections, antiques, office supplies, and even automobiles.
If you have questions about storage units or would like to rent or reserve one online, chat with us online! Want to see our Denton, TX storage facilities? Drop by and pay us a visit. The on-site manager will gladly show you around and help you get the process started. Until then, best of luck with your move to Denton! We hope you love living here as much as we do!